Riverrun International Film Festival
Riverrun International Film Festival consistently operates with deficits in recent years, maintaining low liabilities and no reported officer compensation.
EIN: 200254183 · Winston Salem, NC · NTEE: A31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $660K |
| Total Expenses | $815K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $600,000 |
| Net Assets | $296K |
| Transparency Score | 75/100 |
Is Riverrun International Film Festival Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riverrun International Film Festival directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riverrun International Film Festival
Riverrun International Film Festival (EIN: 200254183) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code A31. The organization reported total revenue of $660K and total assets of $371K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverrun International Film Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverrun International Film Festival is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $673K |
| Total Expenses | $815K |
| Surplus / Deficit | $-142,024 |
| Total Assets | $305K |
| Total Liabilities | $9K |
| Net Assets | $296K |
| Operating Margin | -21.1% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2024, Riverrun International Film Festival reported a deficit of $142K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Riverrun International Film Festival's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.7% | +21.5% | -36.0% |
| 2023 | -8.2% | -3.7% | -5.9% |
| 2022 | +1.9% | +34.1% | -16.7% |
| 2021 | -3.3% | -15.7% | +35.1% |
| 2020 | -25.6% | -30.1% | +34.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Riverrun International Film Festival with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Riverrun International Film Festival allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $142K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with revenues typically between $600,000 and $900,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Riverrun International Film Festival's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $142,024 deficit in 202406)
- Significant decrease in assets over the past three years (from $607,041 in 2021 to $304,588 in 2024)
Strengths
The following positive indicators were identified for Riverrun International Film Festival:
- No reported officer compensation across all filings, indicating strong dedication to mission
- Consistent IRS 990 filing history (14 filings), demonstrating transparency
- Relatively low liabilities, suggesting good debt management
- Long operational history with consistent revenue generation
Frequently Asked Questions about Riverrun International Film Festival
Is Riverrun International Film Festival a legitimate charity?
Riverrun International Film Festival (EIN: 200254183) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $660K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Riverrun International Film Festival spend its money?
Riverrun International Film Festival directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Riverrun International Film Festival tax-deductible?
Riverrun International Film Festival is registered as a tax-exempt nonprofit (EIN: 200254183). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Riverrun International Film Festival CEO make?
Riverrun International Film Festival's highest-compensated officer earns $600,000 annually. The organization reported $660K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Riverrun International Film Festival's spending goes to programs?
Riverrun International Film Festival directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Riverrun International Film Festival compare to similar nonprofits?
With a transparency score of 75/100 (Good), Riverrun International Film Festival is above average for NTEE category A31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Riverrun International Film Festival located?
Riverrun International Film Festival is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 200254183. It is classified under NTEE code A31.
How many years of IRS 990 filings does Riverrun International Film Festival have?
Riverrun International Film Festival has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $660K in total revenue.
Is Riverrun International Film Festival a good charity?
Based on the available data, Riverrun International Film Festival demonstrates strong commitment to its mission through consistent operations and no reported officer compensation. However, recent operational deficits (e.g., $814,525 expenses vs. $672,501 revenue in 2024) suggest financial challenges that could impact long-term sustainability. A deeper dive into their program effectiveness and funding strategies would be beneficial.
Why are expenses consistently higher than revenue in recent years?
In periods like 202406, expenses ($814,525) significantly exceeded revenue ($672,501), and similar trends are seen in 202306 and 202206. This could be due to strategic investments, timing differences in grant receipts, or an unsustainable spending pattern. It warrants further investigation into their funding model and financial planning.
What caused the significant drop in assets from 2021 to 2024?
Assets decreased from $607,041 in 2021 to $304,588 in 2024. This substantial reduction could be a result of using reserves to cover operational deficits, significant capital expenditures, or a revaluation of assets. Understanding the specific reasons is crucial for assessing financial stability.
How does the organization manage without officer compensation?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. This could indicate a volunteer-led executive team, or that compensation is structured in a way that is not reported as 'officer compensation' on the 990, such as through a management company or as regular employee salaries. This practice, if truly volunteer-based, is a significant strength in terms of resource allocation.
Filing History
IRS 990 filing history for Riverrun International Film Festival showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Riverrun International Film Festival's revenue has grown by 15.4%, moving from $583K to $673K. Total assets increased by 101.8% over the same period, from $151K to $305K. Total functional expenses rose by 43.8%, from $566K to $815K. In its most recent filing year (2024), Riverrun International Film Festival reported a deficit of $142K, with expenses exceeding revenue. The organization holds $9K in liabilities against $305K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $673K | $815K | $305K | $9K | — | — |
| 2023 | $613K | $670K | $476K | $38K | — | View 990 |
| 2022 | $668K | $696K | $506K | $7K | — | View 990 |
| 2021 | $655K | $519K | $607K | $79K | — | — |
| 2020 | $678K | $616K | $449K | $58K | — | View 990 |
| 2019 | $911K | $881K | $335K | $5K | — | View 990 |
| 2018 | $927K | $886K | $314K | $14K | — | View 990 |
| 2017 | $931K | $892K | $274K | $14K | — | View 990 |
| 2016 | $904K | $890K | $247K | $26K | — | View 990 |
| 2015 | $825K | $835K | $213K | $6K | — | — |
| 2014 | $727K | $694K | $226K | $9K | — | View 990 |
| 2013 | $662K | $636K | $203K | $20K | — | View 990 |
| 2012 | $620K | $609K | $168K | $10K | — | View 990 |
| 2011 | $583K | $566K | $151K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $673K, expenses of $815K, and assets of $305K (revenue +9.7% year-over-year).
- 2023: Revenue of $613K, expenses of $670K, and assets of $476K (revenue -8.2% year-over-year).
- 2022: Revenue of $668K, expenses of $696K, and assets of $506K (revenue +1.9% year-over-year).
- 2021: Revenue of $655K, expenses of $519K, and assets of $607K (revenue -3.3% year-over-year).
- 2020: Revenue of $678K, expenses of $616K, and assets of $449K (revenue -25.6% year-over-year).
- 2019: Revenue of $911K, expenses of $881K, and assets of $335K (revenue -1.7% year-over-year).
- 2018: Revenue of $927K, expenses of $886K, and assets of $314K (revenue -0.5% year-over-year).
- 2017: Revenue of $931K, expenses of $892K, and assets of $274K (revenue +2.9% year-over-year).
- 2016: Revenue of $904K, expenses of $890K, and assets of $247K (revenue +9.7% year-over-year).
- 2015: Revenue of $825K, expenses of $835K, and assets of $213K (revenue +13.4% year-over-year).
- 2014: Revenue of $727K, expenses of $694K, and assets of $226K (revenue +9.9% year-over-year).
- 2013: Revenue of $662K, expenses of $636K, and assets of $203K (revenue +6.7% year-over-year).
- 2012: Revenue of $620K, expenses of $609K, and assets of $168K (revenue +6.4% year-over-year).
- 2011: Revenue of $583K, expenses of $566K, and assets of $151K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverrun International Film Festival:
Data Sources and Methodology
This transparency report for Riverrun International Film Festival is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.